In January of 2014, YIMBY brought you news that 45 Broad Street, in the Financial District, was placed on the market. Now the property is in contract, and Madison Equities, partnering with AMS Acquisitions, is the buyer. The price — expected to be north of $100 million — has not been disclosed. The site has 265,000 square feet of development rights, and a 62-story Nobu Hotel was planned prior to the 2008 financial crisis.
Mark Misk, head of Nikomar Homes, has filed applications for a four-story, 10-unit mixed-use building at 25-34 Steinway Street, in central Astoria, located 10 blocks from the N/Q train’s 30 Avenue stop. The building will measure 14,280 square feet in total, featuring 4,755 square feet of retail space on the ground floor; residential units will average an accommodating 952 square feet each. Chris Papa’s CVP Architect is the applicant of record, and an existing two-story building must first be demolished.
The three-story commercial building spanning 2251-2259 Broadway, at West 81st Street on the Upper West Side, is expected to be demolished to make way for a new development, according to West Side Rag. The retail tenants are currently in the relocation process, and developer Alchemy Properties is leasing the property from the owner. Building applications and demolition permits have not been filed yet, although the property’s unused air rights were subdivided from the existing structure in April.
Ritz Realty NY Corp. has filed applications for a six-story, 10-unit mixed-use building at 4016 7th Avenue, in northern Sunset Park, three blocks from the D train’s 9th Avenue stop. The building will total 9,330 square feet, and will include 1,140 square feet of community facility space on the ground and cellar levels. Beginning on the second floor, residential units will average 820 square feet. Jung Wor Chin is the architect of record, and the existing two-story, two-unit townhouse must first be demolished.
Property owner Andy Ho, operating under an anonymous LLC, has filed applications for a three-story, four-unit mixed-use building at the vacant lot of 150-30 12th Avenue, in northern Whitestone. The building will measure a total 8,490 square feet, which includes 4,100 square feet of retail/office space on the ground and cellar levels, and an 1,225 square-foot school on the second level. The four residential units will average 792 square feet, and Angelo Ng + Anthony Ng Architects Studio is the applicant of record.